>>Nimble Jack Accountinghttp://www.nimblejackaccounting.co.uk
Chartered Certified Accountants and tax experts working with contractor, freelancer and small businessesSun, 19 Feb 2017 18:20:46 +0000en-UShourly1http://wordpress.org/?v=3.5.210 reasons why you should be using FreeAgent if you own a small businesshttp://www.nimblejackaccounting.co.uk/2642/10-reasons-why-you-should-be-using-freeagent-if-you-own-a-small-business/?utm_source=rss&utm_medium=rss&utm_campaign=10-reasons-why-you-should-be-using-freeagent-if-you-own-a-small-business
http://www.nimblejackaccounting.co.uk/2642/10-reasons-why-you-should-be-using-freeagent-if-you-own-a-small-business/#commentsFri, 26 Aug 2016 10:03:39 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2642Running a small business is a busy job. When it comes to the financial side of affairs, it can be time consuming. Manually filling out spreadsheets or handling everything in psychical copy takes time and can easily become unorganised. Nimble Jack Accounting specialises in helping small businesses manage their finances in a quicker, simpler and [...]

]]>Running a small business is a busy job. When it comes to the financial side of affairs, it can be time consuming. Manually filling out spreadsheets or handling everything in psychical copy takes time and can easily become unorganised.

Nimble Jack Accounting specialises in helping small businesses manage their finances in a quicker, simpler and more convenient way. We can set you up with the certified online accounting system, FreeAgent and a personal accountant to assure your finances are dealt with no difficulty. Your personal accountant will also be on hand to offer guidance and advice on how the system can work best for you.

Here’s out top ten reasons to use FreeAgent to stay on track of your business finances.

1. Keeping track of your cash flow has never been easier

FreeAgent allows you to synchronise your bank accountant(s) with the system so all the information you need is kept on the Dashboard. This way you can manage your cash flow with ease. FreeAgent also calculates your profit and loses so you know exactly how to keep your business on the right trajectory.

2. Payroll is easier to manage

FreeAgent takes away the stress of having to manage your payroll. The software can generate payslips for your employees each month automatically. At the end of each tax year, the system can even generate your employee’s P60s and allows you to print them off. You don’t need to import endless data and numbers from another system, just run your payroll and your books update automatically for you.

3. Make life easier with online invoicing

FreeAgent creates stylish invoices that you can send online or print out to send by post. The system lets you set up recurring invoices that can send themselves automatically. FreeAgent even automatically sends reminders to any customer who hasn’t yet paid an invoice.

4. All data is securely stored

Paper-based accounting systems expose small businesses to the risk of sensitive information being stolen or misplaced. Your financial data is much more secured with FreeAgent. Not only this, but retrieving data is much easier and all data is backed up automatically.

5. Minimise tax and always have it paid on time

FreeAgent gives you a tax timeline so you know all the dates for when and how much is due for your VAT and Corporation Tax. This way you will never miss a deadline. FreeAgent can even automatically generate VAT returns and send them directly online to HMRC. Your personal accountant chosen for you from Nimble Jack Accounting can also access all your tax information to ensure you aren’t paying a penny over than what you should be.

6. All customer data and history is in one place

FreeAgent can store your customers purchase history and payment habits. This way you can track what are your most popular items and adapt how you run your business accordingly.

7. Audit-proofing the books becomes a quicker process

When you hand over your books to auditors they will see you have kept everything on a professional and organised accounting system. Instead of going through things line by line like they would have to with other manual systems, audits will match your statements with information on the software. This tends to help the auditing process go a lot quicker.

8. Multi- currency and multi-language options

With FreeAgent invoices can be translated and sent in over 10 different languages. That means your business can trade on an international level. Invoices can also be sent in the currency of your customers preferred choice. FreeAgent takes current exchange rates from xe.com to ensure all currency dealings are up to date.

9. The handy App so you can manage your money on the go

You can start doing business wherever you are. Simply download the FreeAgent app on your IPhone or Android available through Google Play and the App Store. You can see expense statements; create invoices and track cash flow all from your smartphone.

10. Save time!

Creating an Invoice with FreeAgent takes less than 60 seconds. The main dashboard of your system holds all financial information you need. Having all your data at your fingertips makes things a whole lot quicker. Instead of wasting time on filling spreadsheets and paper documents you have lots more time for you and your business.

]]>http://www.nimblejackaccounting.co.uk/2642/10-reasons-why-you-should-be-using-freeagent-if-you-own-a-small-business/feed/0Why you should turn to FreeAgent for all your bookkeeping and accountancy needshttp://www.nimblejackaccounting.co.uk/2637/why-you-should-turn-to-freeagent-for-all-your-bookkeeping-and-accountancy-needs/?utm_source=rss&utm_medium=rss&utm_campaign=why-you-should-turn-to-freeagent-for-all-your-bookkeeping-and-accountancy-needs
http://www.nimblejackaccounting.co.uk/2637/why-you-should-turn-to-freeagent-for-all-your-bookkeeping-and-accountancy-needs/#commentsFri, 26 Aug 2016 10:00:35 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2637Here at Nimble Jack Accounting, we use the best online software FreeAgent, combined with a personal approach to help small businesses, contractors and freelancers with their finances. Using spreadsheeting systems like Excel can be time-consuming, boring and not practical in the long run. Having paper-based accounting systems exposes you to the risk of classified data [...]

]]>Here at Nimble Jack Accounting, we use the best online software FreeAgent, combined with a personal approach to help small businesses, contractors and freelancers with their finances.

Using spreadsheeting systems like Excel can be time-consuming, boring and not practical in the long run. Having paper-based accounting systems exposes you to the risk of classified data falling into the wrong hands.

But hey! You may still think the old fashioned way of accounting is best. So here’s why we can guarantee online accounting is better:

FreeAgent can save you so much time. You can synchronise your bank accountants into the system so that you can manage your cash flow in easy and quick time. FreeAgent also takes away a lot of manual input by automatically sending reoccurring invoices, generating payslips, creating P60s for your staff and calculating profits and loses. Invoices also take less than 60 seconds to complete, so you have more time to focus on generating your income and running your business.

Entering data manually into spreadsheets can make you prone to error. FreeAgent is much more reliable. You can simply match your bank transactions with your stored data on the system to ensure everything is spot on.

Another cool feature to FreeAgent is that it allows customers to pay you faster online. When sending invoices you can include a PayPal, GoCardless or Stripe link, so the receiver can pay you straight away.

The software also helps to keep you on top of your tax. With it’s handy tax planning system, you can know exactly what dates your tax is due and exactly how much you need to pay. FreeAgent can even automatically generate VAT returns and send them directly online to HMRC so you never have to worry about missing a deadline again.

With the software you have a full history of customer transactions and data. So if you sell several items, FreeAgent can set up a price list of commonly sold items to quickly build up future invoices. Facts and figures on hand can help you to run your business more smoothly and accordingly.

You can handle your finances on the go with the FreeAgent app. All you need to do is find the app on Google Play or the App Store and download it to your smartphone. This way you have all your financial dealings at the tip of your fingers. Keeping track of your cash flow takes just a few simple taps.

If you want to know how FreeAgent can help you, simply call us on: 020 7969 2793.

]]>http://www.nimblejackaccounting.co.uk/2637/why-you-should-turn-to-freeagent-for-all-your-bookkeeping-and-accountancy-needs/feed/0Why paper accountancy is making you fall shorthttp://www.nimblejackaccounting.co.uk/2612/why-paper-accountancy-and-spreadsheeting-is-making-you-fall-short/?utm_source=rss&utm_medium=rss&utm_campaign=why-paper-accountancy-and-spreadsheeting-is-making-you-fall-short
http://www.nimblejackaccounting.co.uk/2612/why-paper-accountancy-and-spreadsheeting-is-making-you-fall-short/#commentsFri, 26 Aug 2016 09:20:38 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2612Say you are a small business owner and have been using manual systems to manage your bookkeeping and accountancy for several years. You have a sound level of expertise when it comes to the financial side of your business. However, the time spent dealing with this feels like wasted hours that could be spent on [...]

]]>Say you are a small business owner and have been using manual systems to manage your bookkeeping and accountancy for several years. You have a sound level of expertise when it comes to the financial side of your business. However, the time spent dealing with this feels like wasted hours that could be spent on running your business and doing the things you love.

What if we told you, you could manage your accountancy in a much simpler yet accurate and faster way, save money and get tons more benefits from it?

Here at Nimble Jack Accounting we can give you just that. We work with an online accountancy system called FreeAgent that helps small business; contractors and freelancers have a better way of dealing with their finances.

There are many advantages to going completely digital and paperless, including saving time, money and space. Digitally stored files are much more secure and backed up automatically. Retrieving data is also so much easier rather than sifting through countless physical files, you can use FreeAgent’s simple search tool.

For some, using manual systems can be difficult and frustrating. Some desktop accounting software such as Excel requires a level of technical ability as the software is designed specifically for accountants. With FreeAgent you don’t need to have any expertise. It’s easy to learn and simple to navigate around. Why waste effort and time on doing things the old fashioned way?

Keeping track of your finances is also effortless. All of your financial data is kept in one neat system so you can manage your cash flow. The software can link to your bank accounts to give you an overview of your bank balance in real time. FreeAgent can even set up a profit and loss report, so you know exactly how your business is doing. The system also shows you which clients owe you money and when its due.

Even tax can be straightforward with FreeAgent. VAT returns can be automatically generated and be sent directly online to HMRC. It also reminds you when payment is due so you never miss a deadline.

It’s an accurate and reliable way to handle your finances. Entering numbers manually on a spreadsheet could make you prone to error. With FreeAgent, you can match your bank transactions with your own entries into the system this will give you an accurate review of your dealings.

Want to know more about FreeAgent and how it could help you, speak to one of our specialist accountants on: 020 7969 2793.

]]>http://www.nimblejackaccounting.co.uk/2612/why-paper-accountancy-and-spreadsheeting-is-making-you-fall-short/feed/05 reasons why FreeAgent is the best online invoicing system you can usehttp://www.nimblejackaccounting.co.uk/2608/5-reasons-why-freeagent-is-the-best-online-invoicing-system-you-can-use/?utm_source=rss&utm_medium=rss&utm_campaign=5-reasons-why-freeagent-is-the-best-online-invoicing-system-you-can-use
http://www.nimblejackaccounting.co.uk/2608/5-reasons-why-freeagent-is-the-best-online-invoicing-system-you-can-use/#commentsFri, 26 Aug 2016 09:18:04 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2608Here at Nimble Jack Accounting we understand what most freelancers, contractors and small business owners need when it comes to handling their finances: something quick, simple and stress free. With that in mind, we searched through the top online accounting systems and found the best system that can help you when it comes to invoicing. [...]

]]>Here at Nimble Jack Accounting we understand what most freelancers, contractors and small business owners need when it comes to handling their finances: something quick, simple and stress free.

With that in mind, we searched through the top online accounting systems and found the best system that can help you when it comes to invoicing.

In many ways, FreeAgent outshines other systems such as Kashflow, Clearbooks and Xero but the system’s invoicing features are certainly above the rest.

We’ve came up with a top 5 list to show you just how much FreeAgent can do for you when it comes to invoices.

1. The system is super easy to navigate and use

The system’s interface is so simple, it will take you a matter of minutes to understand how to use it. To create an invoice all you need to do is enter all the details of the job into the pre-existing template and it can be sent to your client in minutes. Invoices can be sent by email, placed in PDF format or you can even print it off and send to your clients by post. It’s all up to you.

All your financial dealings are packed neatly into one interface, so you have everything you need at your fingertips. FreeAgent can even show you who still owes you money and when it is due. You’re also given the option of including a PayPal link within the invoice so clients can pay you, online, straightaway.

2. The invoice process is really quick so you have more time to focus on generating income.

Most of our clients admit that when they used to handle their invoices manually, it would take them hours to work everything out. With FreeAgent invoicing takes a matter of minutes. Creating an invoice can take you less than 60 seconds. With all your bank statements and transactions all in one place, it takes away the stress. On the plus side you have more hours to grow your business and generate more income.

3. Invoices look stylish and have a personal touch

FreeAgent offers a wide range of professional looking invoice templates to wow your clients. You can even customise invoices with your logo and company details. You may even want to use the option of designing your own. Either way, it’s a nice touch to your financial dealings that clients will remember.

4. Every payment is on time

You wont ever miss a deadline with FreeAgent. The system lets you set up recurring invoices that can send themselves automatically. The system can even send out automated reminders to late-paying clients, so you don’t have to worry about being paid on time.

5. Expand your business worldwide

You can now take your business around the world with FreeAgent’s multi-currency and multi-language system. Invoices can be translated and sent in over 10 different languages including French and Italian. Invoices can also be sent to match the currency of your client’s preference with daily exchange rates imported from xe.com.

For more details please contact your accountant or you can speak to one of our specialist contractor and freelancer accountants on 020 7969 2793.

]]>http://www.nimblejackaccounting.co.uk/2608/5-reasons-why-freeagent-is-the-best-online-invoicing-system-you-can-use/feed/0FreeAgent: the tool to making any freelancer’s life easierhttp://www.nimblejackaccounting.co.uk/2603/freeagent-the-tool-to-making-any-freelancers-life-easier/?utm_source=rss&utm_medium=rss&utm_campaign=freeagent-the-tool-to-making-any-freelancers-life-easier
http://www.nimblejackaccounting.co.uk/2603/freeagent-the-tool-to-making-any-freelancers-life-easier/#commentsThu, 25 Aug 2016 20:27:54 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2603Freelancing has become a more prominent career choice for many in recent years due to the Internet and advanced remote working technology. There are so many financial benefits to being a freelancer, like being able to charge higher rates of pay and not having to lose income on travel. So if you are a freelancer, [...]

]]>Freelancing has become a more prominent career choice for many in recent years due to the Internet and advanced remote working technology. There are so many financial benefits to being a freelancer, like being able to charge higher rates of pay and not having to lose income on travel.

So if you are a freelancer, chances are that you charge an hourly rate for your work. This means time spent stressing out about accountancy is time that could be spent generating income. So we here at Nimble Jack Accounting understand that you want to keep your financial affairs simple.

Using FreeAgent, the award winning online accounting software, we can help make your financial life a whole lot easier.

Here’s how FreeAgent can help you as a freelance:

Using FreeAgent is so much easier than doing everything manually

Go paperless with FreeAgent so you aren’t storing away endless pages of invoices and orgnaising filing cabinets. Instead FreeAgent conveniently holds all your information online in an easy navigable system.
Not only this but the system can schedule invoices to be dispatched automatically, enable clients to pay online and log payments against your overall cash flow with no manual labour.

You never miss a deadline

It’s possible that with doing everything manually you could become confused or lost and miss out on something. If you miss a deadline for important documents like tax returns, then you could face a fine. FreeAgent can certify that you never miss a finiancil deadline. Your personal accountant chosen for you from Nimble Jack Accounting can access all your financial information to ensure all money comes in and out when it should. They can work with you on tax preparation, to can guarantee you feel confident that everything is planned well in advance of any financial deadlines.

You can have full confidence in knowing you’re doing it right

If you’re not sure how to fill out your tax return or any other financial documentation then leave all that to FreeAgent. By using our services you can be assured that everything will be completed in the right way and at the right time.
Not only this but your accountant will be on hand to offer consistent tax advice and ensure you operate yourself to minimize your tax as much as you can. We promise that we will make sure you do not pay a penny more tax than you have to

More time to spend on generating income

Instead of wasting time on filling out documents you have lots of more time to work on your income. You also have plenty more time to reinvest in building your skills. You can now attend course or conferences to gain an advantage against the rest of your freelancing competition.

So if you’re a freelancer looking for accountancy advice or want to know how to use FreeAgent, get in touch with our friendly accountants on: 020 7969 2793.

]]>http://www.nimblejackaccounting.co.uk/2603/freeagent-the-tool-to-making-any-freelancers-life-easier/feed/0Can contractors use the money in their limited company to offset their mortgage?http://www.nimblejackaccounting.co.uk/2527/can-contractors-use-the-money-in-their-limited-company-to-offset-their-mortgage/?utm_source=rss&utm_medium=rss&utm_campaign=can-contractors-use-the-money-in-their-limited-company-to-offset-their-mortgage
http://www.nimblejackaccounting.co.uk/2527/can-contractors-use-the-money-in-their-limited-company-to-offset-their-mortgage/#commentsSun, 30 Mar 2014 11:13:12 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2527Can contractors use the money in their limited company to offset their mortgage? Over the last few years many of our contractor and freelancer clients have posed the question above. Contractors and freelancers often have large sums of money sitting in their bank accounts put aside for taxes. Sometimes these taxes, such as corporation tax [...]

]]>Can contractors use the money in their limited company to offset their mortgage?

Over the last few years many of our contractor and freelancer clients have posed the question above.

Contractors and freelancers often have large sums of money sitting in their bank accounts put aside for taxes. Sometimes these taxes, such as corporation tax are not until 21 months later.

With many offset mortgages offered on the market, contractors feel the money is best used to offset their mortgage saving them money on their payments.

We explore the potential pitfalls for contractors and freelancers of using personal mortgages offset with money from a limited company.

Firstly what are the potential ways I can transfer money from my limited company to offset my personal mortgage? They are:

Loans

Dividends (taken early)

Loans:

This is the most common method used by contractors is in a form of a loan, however there are specific points HMRC raises around this:

The tax free loan amount is £5,000.

The loan up to £5,000 will not give rise to a benefit in kind to be reported on your p11d ( PAYE form), however if you go over £5,000 this will attract interest at HMRC

However, any directors loan over £5,000 unpaid 9 months after the year end will give rise to s455 charge of 25%. Overdrawn directors’ loan accounts can also raise a potential investigation with HMRC.

Hence, contractors and freelancers must really consider weather taking a loan over £5,000 is really worth it given the potential penalties and warning signals it can send to HMRC. Although one piece of good news is that the tax free loan amount is rising to £10,000 after April 2014.

Dividends:

Taking a dividend is perfectly fine to offset a mortgage payment. It is a rather creative practice of taking an early dividend from a limited company this is illegal.

Why is it illegal? Because this constitutes an illegal dividend distribution, where basically you are taking more money out of the company than it can afford to pay i.e not enough profit.

Although divided vouchers are a legal requirement when declaring dividends, there is no requirement to report them to HMRC or companies house, so some contractors may feel they can get away with this. However, if investigated by HMRC you could be forced pay back the dividend as a salary furthermore incurring tax and NI, not forgetting the penalties and interest!

All in all taking dividends early is not a smart idea!

What about IR35?

If you are within IR35 then you can only take a salary (within IR35 rules), hence the above does not apply to you.

Let’s wrap things up…..

You can only take up to £5,000 rising to £10,000 from April 2014 as a loan to offset your personal mortgage. However, you must weigh up the benefit (which is small in most cases) to the potential pitfalls.

For more details please contact your accountant or you can speak to one of our specialist contractor and freelancer accountants on 020 7969 2793.

]]>http://www.nimblejackaccounting.co.uk/2527/can-contractors-use-the-money-in-their-limited-company-to-offset-their-mortgage/feed/0Salary versus dividendshttp://www.nimblejackaccounting.co.uk/2519/salary-versus-dividends-for-201415-your-options-explained/?utm_source=rss&utm_medium=rss&utm_campaign=salary-versus-dividends-for-201415-your-options-explained
http://www.nimblejackaccounting.co.uk/2519/salary-versus-dividends-for-201415-your-options-explained/#commentsMon, 24 Feb 2014 17:25:00 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2519Salary versus dividends for 2014/15: your options explained With the start of a new tax year (April 2014) upon us, salary versus dividends for directors and the new employment allowance of up to £2,000 off your class 1 NICs, the salary versus dividend mix for 2014/15 will change. In our experience many accountants have failed [...]

With the start of a new tax year (April 2014) upon us, salary versus dividends for directors and the new employment allowance of up to £2,000 off your class 1 NICs, the salary versus dividend mix for 2014/15 will change.

In our experience many accountants have failed to advise on this properly and company owners have missed out on £1,000′s of tax free money.

So, let’s look at these two ways of taking money out of your company:

Salary

As a director you are essentially an employee of the company, but importantly you are exempt from National Minimum Wage (NMW) rules.

Taking a salary saves on corporation tax as it is a fully deductible cost when computing the company’s tax for the year.

However, as you probably know, after a certain amount of salary you have to pay income tax and employer’s and employee’s national insurance (NICs).

However, if you only take a salary of £7956 (in 2014/15) there is no income tax or national insurance liability to pay.

However with the introduction new employment allowance, the tax efficient salary will be £10,000. Why? Because you have to factor in the benefit of paying 12% employee’s NI on the additional £2,044 ( £10,000-£7956) which will save you corporation tax of £408.80 ( £2,044 x 20%).

However please do note:

The £2,000 allowance is not per employee but per business and you will still have to pay employee’s national insurance.

This method approximately saves you £162 per year, however each case is different and we suggest you consult your accountant.

Dividends

Dividends are a distribution of after corporation tax profits to each shareholder. Remember, you always get a dividend in proportion to your shareholding.

Dividends attract no national insurance and if your only other income is a salary of £7,956, you will pay no further incometax on a dividend of £30,518 (2014/15).

You need to make sure that the company has sufficient retained profits in the business at the time of dividend payments.

I’m still confused?

If your after the tax saving of £163, then go for the £10,000 salary. If you are looking for simplicity with no monthly or quarterly payment of national insurance to HMRC then go for the £663 per calendar month.

Each circumstance is different, so please consult us if you have any further questions.

How can we help

>>Nimble Jack Accounting ensure that every client gets a salary and dividend tax plan when they join and at the start of each tax year (April).

On top of that, we are FreeAgent friendly accountants, the award winning online accounting software, that all of our clients get free, will let you know how much dividend you can take. It will even automatically create the dividend vouchers and board minutes – this is important legal paperwork!

]]>http://www.nimblejackaccounting.co.uk/2519/salary-versus-dividends-for-201415-your-options-explained/feed/0FreeAgent Accountants & Freelancers.http://www.nimblejackaccounting.co.uk/2510/freeagent-accountants-freelancers/?utm_source=rss&utm_medium=rss&utm_campaign=freeagent-accountants-freelancers
http://www.nimblejackaccounting.co.uk/2510/freeagent-accountants-freelancers/#commentsSat, 25 Jan 2014 19:00:45 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2510As FreeAgent Friendly Accountants we handle all your finances , accounting and tax needs for a small fee and no hidden surprises, meaning you do what you do best and leave the stuff we love to us! Call us now on 020 7969 2879 for a free quote or click here for all our packages. What [...]

]]>As FreeAgent Friendly Accountants we handle all your finances , accounting and tax needs for a small fee and no hidden surprises, meaning you do what you do best and leave the stuff we love to us!

Call us now on 020 7969 2879 for a free quote or click here for all our packages.

What is a freelancer?

A freelancer typically works for a number of different clients and projects at the same time. They also usually work from their own office or even a home office. A freelancer will have to manage the time spent, invoicing and billing for each client as well as ensuring they keep track of all their business expenses.

Why become a freelancer?

Becoming a freelancer gives you freedom to choose the clients and projects you work on. With modern technology and broadband internet it is easier than ever before to work for a number of clients at the same time from your home office. Another key incentive of being a freelancer in business is the higher rates you can charge compared to the income of an employee.

The flexibility and higher income that this type of virtual working provides are two of main the causes in the rise of freelancer businesses in the UK.

Freelancer Limited Companies

In the past many freelancers chose to work as sole traders. However, now many freelancers operate through tax efficient limited companies. Nimble Jack Accounting specialise in helping our freelancer clients to setup limited companies so that they pay less tax.

Why choose specialist freelancer accountants?

When choosing an accountant it is important to ask them if they have experience of working with freelancers and ensuring that they will do everything they can to help you minimise your tax liabilities. Many accountants simply use a broad brush approach for all clients and fail to see the difference between traditional businesses and freelancers. Also as FreeAgent accountants, you can be based anywhere in the UK and we can still serve you.

As freelancer accountants, we have extensive experience of working with freelancers across a range of industries and provide them with proactive tax planning. We also realise that freelancers work differently to traditional businesses and tailor our tax advice, prices and packages for freelancers.

For more information on our limited company packages for freelancers click here

Award winning software for freelancers

Nimble Jack Accounting have partnered with FreeAgent, the award winning software specifically designed for freelancers. FreeAgent is the stress-free way to manage your books and invoicing. It helps you at every step, including sending estimates, tracking time, invoicing clients and online banking. It gives you a unique tax timeline to keep track of tax and VAT liabilities and allows you to keep on top of all your expenses.

FreeAgent can be accessed anytime and anywhere through the internet via your computer, tablet or smart phone. Freelancers particularly enjoy the Apps available for FreeAgent such as scanning receipts.

]]>http://www.nimblejackaccounting.co.uk/2510/freeagent-accountants-freelancers/feed/0Subsistence-what can I claim? A guide for contractors, freelancers and small businesseshttp://www.nimblejackaccounting.co.uk/2503/subsistence-what-can-i-claim-a-guide-for-contractors-freelancers-and-small-businesses/?utm_source=rss&utm_medium=rss&utm_campaign=subsistence-what-can-i-claim-a-guide-for-contractors-freelancers-and-small-businesses
http://www.nimblejackaccounting.co.uk/2503/subsistence-what-can-i-claim-a-guide-for-contractors-freelancers-and-small-businesses/#commentsSat, 30 Nov 2013 19:22:08 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=2503We often get asked by many clients asking what they can claim and can’t in regards to subsistence. Subsistence allowance is a major concern for contractors. Here is our short guide to help you. Your job may require you to work at your client’s location for business and you may get tax relief on your [...]

]]>http://www.nimblejackaccounting.co.uk/2503/subsistence-what-can-i-claim-a-guide-for-contractors-freelancers-and-small-businesses/feed/03 Step Guide to contract through your limited companyhttp://www.nimblejackaccounting.co.uk/2493/3-step-guide-to-contract-through-your-limited-company/?utm_source=rss&utm_medium=rss&utm_campaign=3-step-guide-to-contract-through-your-limited-company
http://www.nimblejackaccounting.co.uk/2493/3-step-guide-to-contract-through-your-limited-company/#commentsThu, 31 Oct 2013 20:19:26 +0000Hardeep Mangathttp://www.nimblejackaccounting.co.uk/?p=24931.Set-up your Limited Company. To get started you will need to form a limited company. This usually takes a few minutes and your company will be set-up within hours. There are many formation companies who can setup your Limited company, but we advise using an accountant so that the small but important like share structure etc, [...]

To get started you will need to form a limited company. This usually takes a few minutes and your company will be set-up within hours. There are many formation companies who can setup your Limited company, but we advise using an accountant so that the small but important like share structure etc, are handled correctly.

>>Nimble Jack Accounting is currently offering FREE company setup when you join our all in inclusive package.

2. Invoice

Right, now your company has been set-up, it is time to invoice. We provide an award winning online bookkeeping software with all our packages that enables you to invoice within seconds and keep track of all your expenses and tax deadlines. The online book-keeping software is provided for free with all our packages.

For Just £5 plus VAT a month, you can also use our registered address, should you not want to use your home address.

>>Nimble Jack Accounting has a team of accountants, who are at hand to assist you with invoicing and using the online bookkeeping software.

3. Appoint an Accountant.

Last step is to appoint an accountant, he/she will be able to deal with HMRC and companies house on your behalf and guide you through issues such as VAT, IR35 and what expense you can claim.

Here at >> Nimble Jack accounting we know setting up and running a limited company can be daunting but we are here every step of the way and we can provide as much “hand holding” as you require.

So for Just £99 plus VAT a month we can take the stress away, helping you save time and pay less tax. Speak to one of our accountants today.